According to preliminary data from Eurostat, in May 2024, consumer prices in the eurozone increased by 2.6% year-on-year. Thus, inflation accelerated compared to April, when it was 2.4% and reached its lowest level since November last year. Analysts had expected inflation to accelerate to 2.5%.The growth in the cost of services accelerated to 4.1% compared with 3.7% in April. At the same time, the increase in prices for food, alcohol and tobacco products slowed to 2.6% from 2.8% a month earlier,... Read More
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